DESCRIPTION:
Reading and interpreting nonprofit financials is part of the work of grantmaking–either as a component of proposal due diligence on the front end, or of grant evaluation on the back-end.
This refresher course is designed to provide grantmakers with knowledge, skills, and comfort around effective analysis of organizational and programmatic financial information, including:
- Review of terminology and common financial statement formats
- Cash vs. accrual accounting
- Difference between Audited, Reviewed and Compiled financial statements
- Additional information found in the IRS Form 990 tax return
- Understanding an organization’s financial position (and true operating surplus/deficit) using the Activities Statement and Balance Sheet
- Key financial ratios to consider
- Understanding an organization’s true/full cost of business
Speaker:
- Cheryl R. Olson, CPA, CGMA and Director of NFP Consulting at Clark Nuber PS
REGISTRATION:
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Our programs are open to anyone who meets our membership criteria. If you are not currently a member but you qualify and would like to attend, please contact us at info@gosw.org for registration assistance.
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